CDW Corp (CDW) : Cfo4life scooped up 680 additional shares in CDW Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 8, 2016. The investment management firm now holds a total of 10,201 shares of CDW Corp which is valued at $464,350.CDW Corp makes up approximately 0.38% of Cfo4life’s portfolio.
Other Hedge Funds, Including , Chicago Partners Investment Group boosted its stake in CDW in the latest quarter, The investment management firm added 1 additional shares and now holds a total of 230 shares of CDW Corp which is valued at $10,470.Jaffetilchin Investment Partners reduced its stake in CDW by selling 2,441 shares or 18.26% in the most recent quarter. The Hedge Fund company now holds 10,929 shares of CDW which is valued at $488,854. CDW Corp makes up approx 0.14% of Jaffetilchin Investment Partners’s portfolio.California Public Employees Retirement System reduced its stake in CDW by selling 7,300 shares or 2.18% in the most recent quarter. The Hedge Fund company now holds 326,900 shares of CDW which is valued at $14,455,518. CDW Corp makes up approx 0.02% of California Public Employees Retirement System’s portfolio. Clarivest Asset Management sold out all of its stake in CDW during the most recent quarter. The investment firm sold 2,800 shares of CDW which is valued $120,204.
CDW Corp opened for trading at $45.53 and hit $45.71 on the upside on Monday, eventually ending the session at $45.32, with a gain of 0.07% or 0.03 points. The heightened volatility saw the trading volume jump to 7,66,827 shares. Company has a market cap of $7,401 M.
On the company’s financial health, CDW Corp reported $0.93 EPS for the quarter, beating the analyst consensus estimate by $ 0.09 according to the earnings call on Aug 3, 2016. Analyst had a consensus of $0.84. The company had revenue of $3664.60 million for the quarter, compared to analysts expectations of $3645.78 million. The company’s revenue was up 10.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.81 EPS.
Investors should note that on Aug 3, 2016, CDW Corp announced a cash dividend of $0.1075. The company’s management has announced Aug 23, 2016 as the ex-dividend date and fixed the record date on Aug 25, 2016. The payable date has been fixed on Sep 12, 2016.
CDW Corporation (CDW) is a provider of integrated information technology (IT) solutions in the United States and Canada. Its offerings include mobility security data center optimization cloud computing virtualization and collaboration. The Company offers products for Corporate and Public. Corporate offerings are offered for private sector business customers. Public customers include Government agencies and education and healthcare institutions. CDW has three segments CDW Advanced Services Canada and Kelway TopCo Limited (Kelway). The Company is a sales channel partner for many original equipment manufacturers (OEMs) and software publishers (collectively its vendor partners) whose products it sells or include in the solutions CDW offers. The Company helps its customer base of more than 250000 small medium and large business government education and healthcare customers by delivering solutions to their IT needs.